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Envision Pharmaceutical Services

Twinsburg, Ohio, United States

Ownership: Private
Employees: ~1500
Development stage: Other

Overview

Envision Pharmaceutical Services, widely known by its brand name EnvisionRx, is a national pharmacy benefit management (PBM) company founded in 2001. The company provides a comprehensive suite of services including pharmacy claims processing, mail-order and specialty pharmacy services, and Medicare Part D plan administration. In 2015, it was acquired by Rite Aid for approximately $2 billion to serve as the cornerstone of its healthcare services segment. The company was rebranded as Elixir in 2020 to unify its various service offerings under a single identity. In early 2024, the business was acquired by MedImpact Healthcare Systems following Rite Aid's financial restructuring.

Industry: Biomedical IT and Biomedical Data Platforms

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